NAFTA 2.0
USMCA was known as The North American Free Trade Agreement is an accord signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. This agreement came into force on January 1, 1994, and It superseded the Canada–United States Free Trade Agreement between the U.S. and Canada.
US Chamber President CEO Thomas J. Donohue issued the following statement regarding the trilateral deal reached between the U.S., Mexico, and Canada to modernize the North American Free Trade Agreement (NAFTA):